Peter Schiff Says Michael Saylor-Led Strategy 'Would Have Been Better Off' Buying Anything Other Than Bitcoin'

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Economist Peter Schiff slammed Strategy Inc.’s (NASDAQ:MSTR) Bitcoin (CRYPTO: BTC) investment approach on Thursday, arguing that the company would have been better placed had it chosen any other asset. Schiff Sees Problems For Strategy In an X post, Schiff pointed out that despite spending over $48 billion on Bitcoin in the past five years, the company’s total paper profits are less than 17%. Schiff also ...